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$224,620

151 ARBOR Lane, Lancaster, TX, 75134

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.98 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Vinyl

Exterior

Lot Size7,822 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36060500020200000
Lot Number20
SubdivisionLancaster Terrace
Land UseResidential
Legal DescriptionLANCASTER TERRACE W 39 FT LT 20 & E 39 FT LT 21 INT201800338114 DD12272018 CO-DC 0605000202000 4CN06050002
Census Tract016706
Assessed Land Value$55,000
Assessed Improvement Value$169,620
Assessment Year2025

About this property

Investor or Handy Man Special. House appears to have a good foundation. Carpet being removed to expose wood floors. Central h ac, appliances appear to be working correctly. Some new counter tops added several years ago. Large fenced yard. Across street from awarding winning Pleasant Run elementary. Near high school and middle school. Walk to park and library. Home has great potential but is need of some serious updating.

Investor Tools

Property Icon
$224,620
Estimated Property Value
$0Estimated Mortgage Balance
$224,620Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,348 /month
Positive
Cash Flow Estimate:
$449 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,306
$224,620
2025
$55,000
$169,620
$224,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,306
$224,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,620
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lancaster

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151 ARBOR Lane | Property Details | No Agent List